Columbia gas company’s (cg) current capital structure is 35% debt and 65% equity. this year cg has earnings after tax of $5.31 million and is paying $1.6 million in dividends. to finance a transmission pipe line, cg can borrow $2 million at a cost of 10%, the same rate that cg is currently paying on a total of $15 million long-term debt. cg has 1,000,000 shares outstanding and its current market price is $31. if cg’s long-term growth rate of dividends is expected to be 8%, what is the weighted cost of capital for the firm? assume a marginal tax rate of 40%. select one: a. a. 10.9% b. c. 19.6% c. b. 13.6% d. d. 16.9%

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.